The $109 billion Florida Retirement System has returned its best fiscal year return for 25 years, as the fund prepares to combine its foreign and domestic equities investments. (more…)
There are two very different schools of thought on how to exit from the economic crisis. Rob Prugue, senior managing director from Lazard Asset Management Asia Pacific, discusses what investors need to understand from these two diverging economic views.
Improving risk management practices and allocation of capital according to risk drivers rank among the most important challenges for institutional investors to overcome in the next 10 years, according to Towers Watson. (more…)
The second paper by AQR examining inflation considerations in institutional asset allocation finds an equal risk-weighted portfolio performs better on average and is less dramatically affected by individual inflation and growth scenarios (more…)
The Swedish AP1 will nearly double its alternatives allocation in the coming months with plans to invest up to $1.5 billion in hedge funds for the first time. (more…)
The acquisition of Ennis Knupp by Hewitt Associates, which will see the retirement of its founder Richard Ennis, is a defining moment in the investment consulting world, as clients demand the closer alignment of liability and asset management and greater attention to alternative asset research. (more…)